Soa

tigerfeet2006

boblardo wrote: »

OH doesn't work as our children are 2 and 4. one is at school and one is due to start nursery early next year.

Water rates included in Rent, suits are only required when meeting customers otherwise standard business wear it is.

Added breakdown cover, also would it worthwhile cancelling the Life insurance for now and then starting it back up once we have gone BR

Here is the revised SOA

Statement of Affairs and Personal Balance Sheet
Household Information
Number of adults in household........... 2
Number of children in household......... 2
Number of cars owned.................... 1
Monthly Income Details
Monthly income after tax................ 1788
Partners monthly income after tax....... 0
Benefits................................ 163
Other income............................ 0
Total monthly income.................... 1951
Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 408
Management charge (leasehold property).. 0
Council tax............................. 108
Electricity............................. 65
Gas..................................... 65
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 60
Mobile phone............................ 0
TV Licence.............................. 12
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 600
Clothing................................ 150
Petrol/diesel........................... 150
Road tax................................ 10
Car Insurance........................... 45
Car maintenance (including MOT)......... 50
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0£5 PER CHILD PER WEEK ACTIVITIES. £2 PER DAY SCHOOL DINNERS
Medical (prescriptions, dentist etc).... 50 £30 UNLESS YOU HAVE PROVABLE MEDICAL NEEDS.
Pet insurance/vet bills................. 20
Buildings insurance..................... 0
Contents insurance...................... 15
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 30
Entertainment........................... 0
Holiday................................. 80
Emergency fund.......................... 0
Total monthly expenses.................. 1918

Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 500
Other assets............................ 0
Total Assets............................ 500

No Secured nor Hire Purchase Debts
Unsecured Debts
Description....................Debt......Monthly...APR
Northen Rock...................22000.....66........0
HSBC...........................39000.....100.......0
Vanquis........................250.......5.........0
Next...........................250.......5.........0
QuickQuid......................300.......5.........0
Wonga..........................1100......5.........0
Total unsecured debts..........62900.....186.......-

Monthly Budget Summary
Total monthly income.................... 1,951
Expenses (including HP & secured debts). 1,918
Available for debt repayments........... 33
Monthly UNsecured debt repayments....... 186
Amount short for making debt repayments. -153
Personal Balance Sheet Summary
Total assets (things you own)........... 500
Total HP & Secured debt................. -0
Total Unsecured debt.................... -62,900
Net Assets.............................. -62,400
Created using the SOA calculator at www.makesenseofcards.com.
Reproduced on Moneysavingexpert with permission, using IE browser.

Also the OH has a couple of creditors Wonga and 3 mobile, i assume i add these onto her SOA

On you other halfs you would put any joint debts and her own personal debts. As she does not work then just do the same SoA. Put a note on each that you are a couple and both going BR.